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Travel taxes take a big bite out of business trips

The National Business Travel Association issued a report today that shows that travelers spend 33 percent to 189 percent more in taxes aimed at visitors each day when they stay in hotels, eat in restaurants and book rental cars.

The trade group, which is having its annual convention in Los Angeles this week, told USA Today that such taxes could cost a Fortune 500 company as much as $50 million each year.

USA Today got a sneak peek and has a slick chart to browse here.

If you're wondering, Dallas has among the highest taxes -- with visitors paying an extra $38.80 per day.

Here's the full report.

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Symantec's Q1 profit up 97% Silicon Valley / San Jose Business Journal

Symantec Corp. on Wednesday reported net income of $187 million, or 22 cents a share, compared to $95 million, or 10 cents a share in the same period last year.

The Cupertino-based security, storage and systems management company had $1.65 billion in revenue, up from the year-ago quarter's $1.40 billion.

Excluding items, Symantec's (NASDAQ:SYMC) income would have been $342 million, or 40 cents a share, compared to $263 million, or 29 cents a share.

Analysts expected, on average, earnings of 35 cents a share on $1.57 billion in revenue.

For the second quarter, the company expects revenue between $1.52 billion and $1.56 billion, with earnings between 15 cents and 17 cents a share.

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Compact Battery Backup for iPhone and iPod Introduced by RichardSolo(R) Business Editors

(AP:SAN FRANCISCO--) (BUSINESS WIRE) _ May 20, 2008--Richard Thalheimer, the creator and founder of The Sharper Image, is now introducing innovative products at his new online company, RichardSolo.com. His first creation is a new rechargeable, compact backup battery for the iPhone and iPod.

The RichardSolo Smart Backup Battery is the most powerful compact battery available, with 20 percent more power than its closest competitor. It quickly and easily "snaps on" to the iPhone or iPod without cables, and charges while you're talking, for the ultimate in convenience.

"I've spent my entire career researching electronics and discovering the best new gadgets," said Thalheimer. "I've never been more excited about a new product. Not only does it look great, but it also functions intuitively and quickly to charge an iPhone on the go. more

Melbourne plans risk alienating business and shoppers

A council-commissioned plan wants to make Melbourne an "eco-city" friendly to cyclists and pedestrians, but risks alienating the businesses and shoppers from which the council derives its income.

Bicycles would become the "mode of choice for private transport trips in the municipality, including for work, school, business and recreation".

Remarkably, the Future Melbourne Plan would reduce car traffic into the city from about 30 per cent of those who travel to work by car to 10 per cent. The plan aims to provide shower and change rooms for cyclists, cycle paths and a public bicycle rental system.

Cars will be driven out of the CBD if the plan drawn up by a special reference group is taken up. The speed limit in what the group hopes will become "cycle city" will be reduced to 30km/h. more

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